Foundation Investment Partners completes acquisition of Spartan Tool Supply in Columbus, Ohio
Acquiring Company
Foundation Investment Partners
Acquired Company
Spartan Tool Supply
Chagrin FallsColumbusManufacturingSoftwareManufacturingDescription
Foundation Investment Partners successfully acquired Spartan Tool Supply, a premier distributor of industrial power tools and equipment located in Columbus, Ohio. The acquisition aims to leverage FIP's expertise in the industrial distribution space to create immediate value for Spartan Tool Supply. Under FIP's ownership, Spartan Tool Supply will continue to operate autonomously and will benefit from new resources and expertise to expand its team, enter new markets, and build upon its success.
Quick answer
Foundation Investment Partners is acquiring Spartan Tool Supply, announced March 11, 2024. Foundation Investment Partners is based in Chagrin Falls, Ohio, United States.
- How much did Foundation Investment Partners pay for Spartan Tool Supply?
- The deal value was not disclosed.
- What does Foundation Investment Partners do?
- Foundation Investment Partners is a private equity firm focused on building companies that account for the well-being of our people, recognizing that the cared for and empowered are more likely to outperform.
- Where are Foundation Investment Partners and Spartan Tool Supply based?
- Foundation Investment Partners is based in Chagrin Falls, Ohio, United States. Spartan Tool Supply is based in Columbus, Ohio, United States.
- Who are the decision-makers at Foundation Investment Partners?
- Fundz holds 1 contact at Foundation Investment Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Foundation Investment Partners, and when
When Foundation Investment Partners changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Foundation Investment Partners raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Foundation Investment Partners, from your own LinkedIn network
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Frequently asked
Who acquired Spartan Tool Supply?
Spartan Tool Supply was acquired by Foundation Investment Partners, based in Chagrin Falls. The deal was reported on March 11, 2024. Foundation Investment Partners is a private equity firm focused on building companies that account for the well-being of our people, recognizing that the cared for and empowered are more likely to outperform. Foundation Investment Partners is privately held and operates in Manufacturing.
When did Foundation Investment Partners acquire Spartan Tool Supply?
Foundation Investment Partners's acquisition of Spartan Tool Supply was reported on March 11, 2024. Foundation Investment Partners successfully acquired Spartan Tool Supply, a premier distributor of industrial power tools and equipment located in Columbus, Ohio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Spartan Tool Supply do?
Spartan Tool Supply is a premier distributor of industrial power tools and equipment based in Columbus, Ohio. For over 45 years, it has served as a trusted supplier of high-quality commercial tools and equipment to businesses across various industries. It is privately held, operating in Manufacturing, and is based in Columbus.
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